Atkore International Group Inc

NYSE ATKR

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Atkore International Group Inc Payables Turnover 2 year CAGR for the year ending September 30, 2023: 0.22%

Atkore International Group Inc Payables Turnover 2 year CAGR is 0.22% for the year ending September 30, 2023, a -89.70% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Atkore International Group Inc Payables Turnover for the year ending September 30, 2022 was 9.32, a 25.68% change year over year.
Atkore International Group Inc Payables Turnover for the year ending September 30, 2021 was 7.41, a -17.04% change year over year.
Atkore International Group Inc Payables Turnover for the year ending September 30, 2020 was 8.93, a -5.15% change year over year.
Atkore International Group Inc Payables Turnover for the year ending September 30, 2019 was 9.42, a 5.54% change year over year.

NYSE: ATKR

Atkore International Group Inc

CEO	Mr. William E. Waltz Jr.
IPO Date	June 10, 2016
Location	United States
Headquarters	16100 South Lathrop Avenue, Harvey, IL, United States, 60426
Employees	4,816
Sector	Industrials
Industry	Electrical equipment & parts

Description

Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

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